Latest news with #investments
Khaleej Times
an hour ago
- Business
- Khaleej Times
Dubai realty breaks records in Q2 despite cooling prices
Dubai's real estate sector delivered a record-breaking performance in the second quarter of 2025, with surging transaction volumes and resilient investor appetite, even as price growth showed signs of deceleration and affordability constraints began to surface. The market's dynamism was underpinned by strong off-plan sales, sustained demand for office and logistics space, and proactive government initiatives to boost homeownership. According to ValuStrat's Q2 research, property sales in Dubai hit new highs with nearly 37,000 off-plan transactions, averaging over Dh3.1 million per unit. Ready home sales also rose by 10.4 per cent from the previous quarter, registering 13,700 title deed transactions with an average price of Dh2.7 million. This momentum was particularly driven by robust activity in April and May. The ValuStrat Price Index (VPI) reflected continued but moderated capital appreciation. Apartment prices rose 19.1 per cent year-on-year, compared to 23.4 per cent in the same period last year. Villas saw a 28.7 per cent annual gain, also slower than the 33.4 per cent growth recorded in 2024. The VPI for apartments reached 188 points, and for villas, it climbed to 220 points — more than double the Q1 2021 baseline. Despite increasing supply, with 17,500 new homes completed in the first half and 66,596 units expected to be delivered in 2025, demand continues to outstrip supply in key segments. ValuStrat's head of real estate research, Haider Tuaima, noted that the elevated transaction activity highlights strong market confidence, though the impact of upcoming supply on pricing dynamics warrants close monitoring in the second half of the year. Rental growth, too, appears to be moderating. Apartment asking rents rose by 1.2 per cent quarterly and 7.2 per cent annually, with average annual rents at Dh95,500. Villa rents remained stable on a quarterly basis but were up 4.8 per cent year-on-year, averaging Dh428,000 annually. The overall VPI for residential rents rose by 1 per cent quarter-on-quarter and 6.2 per cent annually to reach 200.3 points. The office segment continued to show remarkable strength amid a supply-constrained environment. Capital values for office space rose 4.9 per cent quarter-on-quarter and 23.7 per cent year-on-year, compared to a 31.7 per cent annual rise in 2024. The banking, finance, and tech sectors are the major demand drivers. CBRE noted that average office rents in Dubai jumped more than 20 per cent year-on-year, with occupancy nearing full capacity in prime business districts. CBRE also reported a surge in residential transaction volumes, which climbed 23 per cent year-on-year in H1 2025. The total value of residential sales reached Dh270 billion. The launch of Dubai's First-Time Home Buyer Programme, which offers incentives such as flexible payment plans and preferential pricing, is expected to further encourage end-user demand and widen homeownership in the emirate. In terms of economic context, the UAE's GDP is forecast to grow 5.1 per cent in 2025, up from 3.8 per cent in 2024. This economic expansion is backed by recovering oil output, strong non-oil sector performance, and a resilient tourism sector. Dubai saw a 7 per cent year-on-year rise in international visitors between January and May, reinforcing the strength of the hospitality and retail segments. The industrial and logistics market is also flourishing. ValuStrat reported 16.2 per cent annual and 4.1 per cent quarterly capital gains for logistics warehouses, driven by sustained demand and high occupancy rates. CBRE added that strong rental growth and landlord-favorable market conditions are attracting heightened investor interest in Grade A industrial assets, signaling potential for more liquidity and development in the sector. In Abu Dhabi, the property market is showing parallel momentum. Apartment values rose by 18 per cent year-on-year, while villa prices gained nearly 14 per cent. The capital's office market is also seeing increased traction from international corporates, with occupancy and rents on the rise. Matthew Green, head of research for Mena at CBRE, attributed the UAE's real estate resilience to its diversified economy and progressive policy frameworks. 'The country continues to attract high-net-worth individuals, bolster foreign direct investment, and lead in innovation — all of which reinforce demand across residential, commercial, and industrial segments,' he said. Real estate market experts believe that with strategic government initiatives, strong demographic and investor fundamentals, and a proactive approach to urban development, Dubai's real estate market is poised to sustain its momentum through the remainder of 2025 — even as it gradually transitions from breakneck growth to more sustainable long-term expansion.
Times of Oman
9 hours ago
- Business
- Times of Oman
Bank Muscat Wealth Management: Your Trusted investment Partner
Muscat- Bank Muscat, the leading financial services provider in the Sultanate of Oman, has always aimed at positioning itself as the trusted and preferred partner for customers seeking better returns on their savings and investments. With a focus on personalized investment options, the Bank's wealth management solutions are set to redefine the investing experience of customers. In line with this vision, Bank Muscat has launched a special campaign to raise awareness about the significance of effective wealth management. This initiative is designed to assist individuals in achieving their financial goals by providing tailored investment plans and personalized wealth management services. The Bank's investment offerings encompass a range of products, across mutual funds, bonds and other asset classes. Customers of Asalah Priority Banking and Al Jawhar Privilege Banking can access these investment offerings, under the guidance of an experienced wealth managers and can start investing as per their risk appetite, with the minimum applicable amount for local and international securities. Abdulnasir Al Raisi, General Manager of Personal Banking at Bank Muscat, said: 'We offer customized wealth solutions designed to meet the unique needs of our customers. With a dedicated team of certified wealth managers, the Bank is committed to guiding customers through their investment journey, ensuring they have access to a wide range of investment options, including local and international securities, bonds and mutual funds, along with comprehensive portfolio tracking. I would like to thank the Bank's customers for their trust in our services and invite them to take advantage of the wealth solutions we provide, for planning and achieving their long-term financial goals.' The Bank provides tailored investment solutions to help high profile customers achieve their financial aspirations, be it retirement planning, generation of passive income or wealth diversification. Some of the common investment options include: securing a stable, predictable income through interest especially for retirees, generation of passive income from investments, focusing on long-term growth while preserving wealth and balancing investment risk effectively with portfolio diversification. Customers who have savings and wish to grow their wealth through other investment options, can apply for wealth management products through the various branches in governorates, and access our diverse investment offerings across local and international securities, delivered personally through experienced wealth managers. Bank Muscat Wealth Management stands out with a proven track record and has built strategic partnerships with reputed international banks and asset managers, over the years. In a recognition to its outstanding success in this field, the Bank has gained local, regional and international recognition, such as the Best Investment Bank in Oman Award within Corporate & Investment Awards 2025 by MEED's MENA Banking Excellence, the Oman's Best Investment Bank and Oman's Best Bank Awards by Euromoney Awards for Excellence 2025, the Best Investment Bank in the Middle East 2025 by International Investor 2025, and the Best Bank in Oman Award by Global Finance, besides awards from other international institutions.
Yahoo
10 hours ago
- Business
- Yahoo
Press Release: GAM Strengthens European Presence with Appointment of Karim Carmoun to Lead France, Benelux and Monaco
PHOTO_Carmoun_Karim_GAM FR_500x639px Zurich / Paris, 22 July 2025 PRESS RELEASE GAM Strengthens European Presence with Appointment of Karim Carmoun to Lead France, Benelux and MonacoGAM Investments (GAM) has appointed Karim Carmoun as Managing Director to lead its activities across France, Benelux and Monaco. Based in Paris, Karim will report directly to GAM's incoming Group Chief Distribution Officer, Tim Rainsford, who will re-join the firm on 1 October. Tim returns to GAM after holding senior roles at Generali Investments Partners as CEO, and most recently as Chief Product and Distribution Officer at Generali Asset Management. Karim's appointment marks a key moment in GAM's growth strategy in Europe, supported by NJJ Holding SA, the private investment group of French entrepreneur Xavier Niel and GAM's majority shareholder. Under new leadership, GAM is sharpening its focus on its Specialist Active, Alternatives and Wealth Management capabilities, giving clients access to top-tier investment talent and differentiated strategies. Combining in-house expertise with high-quality partnerships, GAM's model connects professional investors to distinctive sources of return, backed by a global distribution platform and a renewed commitment to local client service. Karim brings over 20 years of experience in asset management and a deep understanding of the French and Benelux markets. He spent the past decade at Robeco, where he served as CEO of Robeco France, following senior roles at Fidelity, Crédit Agricole, and BNP Paribas. He is widely recognised for his client-centric approach and ability to navigate evolving market conditions. 'I am proud to join GAM at this pivotal moment in its growth strategy,' said Karim Carmoun. 'With the strong support of NJJ, we are focused on re-establishing GAM's presence in France, Benelux and Monaco. Investors increasingly seek access to specialist strategies, alternative solutions, and the highest-quality investment talent which are all areas where GAM has a distinctive proposition. I look forward to building this exciting business and working closely with professional clients across the region to help them with their investment needs.' 'France, Benelux and Monaco are strategically important for GAM, and Karim brings the experience, credibility and insight to help us build lasting relationships in the region,' said Rossen Djounov, GAM's Global Head of Client Solutions. 'His appointment reflects our belief in local expertise supported by global resources.' GAM is a specialist asset manager focused on Specialist Active, Alternatives and Wealth Management, including high-conviction equity, multi-asset and fixed income strategies. Its capabilities span hedge funds, alternative credit, insurance-linked securities (ILS) and private markets, delivered through in-house expertise and high-quality partnerships with some of the world's most respected investment teams. Through this model, GAM connects professional investors to differentiated sources of return and specialist insights, offering a platform that is both future-ready and aligned with evolving portfolio needs. To connect with Karim Carmoun regarding GAM's plans in the region, please contact: Karim CarmounManaging DirectorHead of France, Benelux and Media Relations: Colin Bennett T +44 (0) 20 73 938 544 us: us: X and LinkedIn About GAMGAM Investments is a highly scalable global investment platform with strong global distribution capabilities focusing on three core areas, Specialist Active Investing, Alternative Investing and Wealth Management, that is listed in Switzerland. It delivers distinctive and differentiated investment solutions across its Investment and Wealth Management businesses. Its purpose is to protect and enhance clients' financial future. It attracts and empowers brightest minds to provide investment leadership, innovation and a positive impact on society and the environment. Total assets under management were CHF 16.3 billion as of 31 December 2024. GAM Investments has global distribution with offices in 14 countries and is geographically diverse with clients in almost every continent. Headquartered in Zurich, GAM Investments was founded in 1983, and its registered office is at Hardstrasse 201 Zurich, 8005 Switzerland. For more information about GAM Investments, please visit Other Important Information This release contains or may contain statements that constitute forward-looking statements. Words such as 'anticipate', 'believe', 'expect', "estimate", "aim", 'project', 'forecast', "risk", 'likely', 'intend', 'outlook', 'should', 'could', "would", 'may', 'might', "will", "continue", "plan", "probability", "indicative", "seek", 'target', 'plan' and other similar expressions are intended to or may identify forward-looking statements. Any such statements in this release speak only as of the date hereof and are based on assumptions and contingencies subject to change without notice, as are statements about market and industry trends, projections, guidance, and estimates. Any forward-looking statements in this release are not indications, guarantees, assurances or predictions of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the person making such statements, its affiliates and its and their directors, officers, employees, agents and advisors and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct and may cause actual results to differ materially from those expressed or implied in any such statements. You are strongly cautioned not to place undue reliance on forward-looking statements and no person accepts or assumes any liability in connection therewith. This release is not a financial product or investment advice, a recommendation to acquire, exchange or dispose of securities or accounting, legal or tax advice. It has been prepared without taking into account the objectives, legal, financial or tax situation and needs of individuals. Before making an investment decision, individuals should consider the appropriateness of the information having regard to their own objectives, legal, financial and tax situation and needs and seek legal, tax and other advice as appropriate for their individual needs and jurisdiction. Attachments PHOTO_Carmoun_Karim_GAM FR_500x639px GAM renforce sa présence en Europe avec la nomination de Karim Carmoun à la tête de la France, du Benelux et de Monaco GAM Strengthens European Presence with Appointment of Karim Carmoun to Lead France, Benelux and MonacoInicia sesión para acceder a tu cartera de valores
Yahoo
11 hours ago
- Business
- Yahoo
Press Release: GAM Strengthens European Presence with Appointment of Karim Carmoun to Lead France, Benelux and Monaco
PHOTO_Carmoun_Karim_GAM FR_500x639px Zurich / Paris, 22 July 2025 PRESS RELEASE GAM Strengthens European Presence with Appointment of Karim Carmoun to Lead France, Benelux and MonacoGAM Investments (GAM) has appointed Karim Carmoun as Managing Director to lead its activities across France, Benelux and Monaco. Based in Paris, Karim will report directly to GAM's incoming Group Chief Distribution Officer, Tim Rainsford, who will re-join the firm on 1 October. Tim returns to GAM after holding senior roles at Generali Investments Partners as CEO, and most recently as Chief Product and Distribution Officer at Generali Asset Management. Karim's appointment marks a key moment in GAM's growth strategy in Europe, supported by NJJ Holding SA, the private investment group of French entrepreneur Xavier Niel and GAM's majority shareholder. Under new leadership, GAM is sharpening its focus on its Specialist Active, Alternatives and Wealth Management capabilities, giving clients access to top-tier investment talent and differentiated strategies. Combining in-house expertise with high-quality partnerships, GAM's model connects professional investors to distinctive sources of return, backed by a global distribution platform and a renewed commitment to local client service. Karim brings over 20 years of experience in asset management and a deep understanding of the French and Benelux markets. He spent the past decade at Robeco, where he served as CEO of Robeco France, following senior roles at Fidelity, Crédit Agricole, and BNP Paribas. He is widely recognised for his client-centric approach and ability to navigate evolving market conditions. 'I am proud to join GAM at this pivotal moment in its growth strategy,' said Karim Carmoun. 'With the strong support of NJJ, we are focused on re-establishing GAM's presence in France, Benelux and Monaco. Investors increasingly seek access to specialist strategies, alternative solutions, and the highest-quality investment talent which are all areas where GAM has a distinctive proposition. I look forward to building this exciting business and working closely with professional clients across the region to help them with their investment needs.' 'France, Benelux and Monaco are strategically important for GAM, and Karim brings the experience, credibility and insight to help us build lasting relationships in the region,' said Rossen Djounov, GAM's Global Head of Client Solutions. 'His appointment reflects our belief in local expertise supported by global resources.' GAM is a specialist asset manager focused on Specialist Active, Alternatives and Wealth Management, including high-conviction equity, multi-asset and fixed income strategies. Its capabilities span hedge funds, alternative credit, insurance-linked securities (ILS) and private markets, delivered through in-house expertise and high-quality partnerships with some of the world's most respected investment teams. Through this model, GAM connects professional investors to differentiated sources of return and specialist insights, offering a platform that is both future-ready and aligned with evolving portfolio needs. To connect with Karim Carmoun regarding GAM's plans in the region, please contact: Karim CarmounManaging DirectorHead of France, Benelux and Media Relations: Colin Bennett T +44 (0) 20 73 938 544 us: us: X and LinkedIn About GAMGAM Investments is a highly scalable global investment platform with strong global distribution capabilities focusing on three core areas, Specialist Active Investing, Alternative Investing and Wealth Management, that is listed in Switzerland. It delivers distinctive and differentiated investment solutions across its Investment and Wealth Management businesses. Its purpose is to protect and enhance clients' financial future. It attracts and empowers brightest minds to provide investment leadership, innovation and a positive impact on society and the environment. Total assets under management were CHF 16.3 billion as of 31 December 2024. GAM Investments has global distribution with offices in 14 countries and is geographically diverse with clients in almost every continent. Headquartered in Zurich, GAM Investments was founded in 1983, and its registered office is at Hardstrasse 201 Zurich, 8005 Switzerland. For more information about GAM Investments, please visit Other Important Information This release contains or may contain statements that constitute forward-looking statements. Words such as 'anticipate', 'believe', 'expect', "estimate", "aim", 'project', 'forecast', "risk", 'likely', 'intend', 'outlook', 'should', 'could', "would", 'may', 'might', "will", "continue", "plan", "probability", "indicative", "seek", 'target', 'plan' and other similar expressions are intended to or may identify forward-looking statements. Any such statements in this release speak only as of the date hereof and are based on assumptions and contingencies subject to change without notice, as are statements about market and industry trends, projections, guidance, and estimates. Any forward-looking statements in this release are not indications, guarantees, assurances or predictions of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the person making such statements, its affiliates and its and their directors, officers, employees, agents and advisors and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct and may cause actual results to differ materially from those expressed or implied in any such statements. You are strongly cautioned not to place undue reliance on forward-looking statements and no person accepts or assumes any liability in connection therewith. This release is not a financial product or investment advice, a recommendation to acquire, exchange or dispose of securities or accounting, legal or tax advice. It has been prepared without taking into account the objectives, legal, financial or tax situation and needs of individuals. Before making an investment decision, individuals should consider the appropriateness of the information having regard to their own objectives, legal, financial and tax situation and needs and seek legal, tax and other advice as appropriate for their individual needs and jurisdiction. Attachments PHOTO_Carmoun_Karim_GAM FR_500x639px GAM renforce sa présence en Europe avec la nomination de Karim Carmoun à la tête de la France, du Benelux et de Monaco GAM Strengthens European Presence with Appointment of Karim Carmoun to Lead France, Benelux and MonacoError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15 hours ago
- Business
- Yahoo
Pinterest Set to Reap Benefits of Recent Investments, Morgan Stanley Says in Upgrade
Pinterest's (PINS) recent investments and other efforts are likely to drive the image-sharing platfo Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
